Lego Sells Four Theme Parks
To Blackstone for $456 Million

U.S. private-equity firm Blackstone Group said it bought four theme parks from closely held Danish toymaker Lego Systems AS for &euro;375 million ($456 million).

Combined with leisure-parks owner Merlin Entertainment, which Blackstone bought last month from Hermes Private Equity for &pound;102.5 million (&euro;148.9 million), the new business becomes the second-largest theme-park company in Europe by visitor numbers, and...